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Following is the data for costs: Fixed Costs Developer Costs Advertising Costs Maintenance Costs Variable Cost per unit Apple's Commission $30,000 $24,000 $12,000 30% of
Following is the data for costs: Fixed Costs Developer Costs Advertising Costs Maintenance Costs Variable Cost per unit Apple's Commission $30,000 $24,000 $12,000 30% of Sales price As part of this project you will also perform What-IF Analysis using Goal seek and determine the quantity needed to be sold to make a profit for $500,000 at the end of the first year if the sales price is $2.99. The Goal Seek solution for Quantity Sold should be referenced in cell G3. Following is the Sales data including the Sales Price and the Quantity Sold under each scenario. Sales Price Quantity Sold Scenario 1 $1.99 300,000 Scenario 2 $3.99 100,000 Goal Seek $2.99 To be determined using goal seek
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